The "FREAK attack" may have exposed millions of Apple and Google Android Internet users, though there have been no confirmed cases of attacks against Web browsers. If exploited, hackers could compromise usernames, passwords, and other personal information in a rather simple manner.

The "Factoring attack on RSA-EXPORT Keys" attack stems from a US law that required "export-grade" products with weaker encryption protocols to be shipped overseas. Despite the federal restrictions being lifted more than 15 years ago, popular software - which eventually found its way to the United States - were still vulnerable.

Apple and Google have both created software updates to prevent this type of attack from being problematic. The Apple update will be issued next week, while Google has already offered an update to wireless carriers and smartphone manufacturers.

Almost a third of all encrypted websites faced security problems as of Tuesday, with cybersecurity experts noting that it's impossible to create a secure yet insecure mode simultaneously.